Evaluating the Impact of Various Types of Risks

Analyzing various risks and evaluating risk exposure are vital to an organization's success and allows managers to effectively manage risk. Discuss each of the various types of risk examined this week and relate the impact of each (if any) to your current employer. Which is the primary risk your business faces? Why is this risk more prevalent than the others? How might such a risk be mitigated?

Your 3- to 4-page paper should reflect the application resources below:

http://wafaa-sherif.com/new/ar/wp-content/uploads/2012/11/Enterprise%20Risk%20Management.pdf

Enterprise Risk Management: Today's Leading Research and Best Practices for Tomorrow's ExecutivesChapter 14, "Market Risk Management and Common Elements with Credit Risk Management"

This chapter explains trading, market risk concepts, and risk management methods and the way they relate to credit risk.

Chapter 15, "Credit Risk Management"

This chapter provides the basic element of credit risk management as well as a more experienced approach to credit risk.

Chapter 16, "Operational Risk Management"

This chapter explains operational risk concepts and methods, what is meant by operational risk, and why it is important.

Chapter 18, "Managing Financial Risk and Its Interaction with Enterprise Risk Management"